NOT LISTED FOR SALE

325 N Somerset Ave Ventnor City, NJ 08406

Estimated Value: $387,000 - $466,000

3 Beds
1.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $280,000

Est. 51% increase in value since last sale

Current estimated payment $2,685/month

2 Days on Market

About This Home

As of March 2023

Unique opportunity to own an 82x50 lot on Somerset Ave within walking distance to ball fields, kayak/paddle board launch, beach activities and many fantastic local dining options. Renovate or tear down and build the home of your dreams! Current home has 3 nice size bedrooms as well as 1.5 bathrooms, a nice open concept living room/dining room/kitchen flow on the first floor. Rare large rear yard for the island where you can fit a pool or design the yard oasis of your dreams! Come take a look, seller says SELL!

Last Agent to Sell the Property

DANIELLE COSTELLO

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 11/11/2022

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1958

Lot Details

  • Fenced

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,611

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1 1/2 Story
  • Lvt Date: 11/11/2022
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Fenced Yard, Needs Work, Sidewalks
  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 0.0918
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2004
Sold by
Barbera Thomas and Barbera Thomas
Bought by
Barbera Thomas and Barbera Amy
Current Estimated Value
$422,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2002
Sold by
Barbera Thomas and Barbera Thomas
Bought by
Barbera Thomas and Barbera Thomas

Purchase Details

Closed on
Oct 3, 1995
Sold by
C2 Investment Corp
Bought by
Barbera Thomas S and Barbera Thomas S

Purchase Details

Closed on
Jan 12, 1995
Sold by
Obrien Charlotte A
Bought by
C2 Investment Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barbera Thomas -- --
Barbera Thomas -- --
Barbera Thomas S $92,000 --
C2 Investment Corp $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbera Amy $134
Open Barbera Amy $41,985
Closed Barbera Thomas S $46,476
Open Barbera Amy $142,100
Closed Barbera Thomas $110,000
Closed Barbera Thomas $13,723
Closed Barbera Thomas S $14,500
Closed Barbera Thomas $85,143
Closed Barbera Thomas S $16,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $280,000 0.0% --
01/16/2023 01/16/23 Price Changed $280,000 +3.7% --
01/15/2023 01/15/23 For Sale $270,000 0.0% --
11/14/2022 11/14/22 Price Changed $270,000 +3.8% --
11/14/2022 11/14/22 Price Changed $260,000 -3.7% --
11/13/2022 11/13/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $270,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,611 $168,700 $91,000 $77,700
2024 $4,611 $168,700 $91,000 $77,700
2023 $4,339 $168,700 $91,000 $77,700
2022 $4,339 $168,700 $91,000 $77,700
2021 $4,366 $168,700 $91,000 $77,700
2020 $4,371 $168,700 $91,000 $77,700
2019 $4,361 $168,700 $91,000 $77,700
2018 $4,444 $168,700 $91,000 $77,700
2017 $4,467 $168,700 $91,000 $77,700
2016 $4,551 $208,200 $132,000 $76,200
2015 $4,510 $208,200 $132,000 $76,200
2014 $4,287 $208,200 $132,000 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568903

South Jersey Shore Regional MLS

APN: 22-00212-0000-00016